Fidji Simo - Nov 15, 2024 Form 4 Insider Report for Maplebear Inc. (CART)

Signature
/s/ Bradley Libuit, Attorney-in-Fact
Stock symbol
CART
Transactions as of
Nov 15, 2024
Transactions value $
-$6,795,175
Form type
4
Date filed
11/15/2024, 05:36 PM
Previous filing
Nov 13, 2024
Next filing
Nov 27, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CART Common Stock Options Exercise $0 +180K +9.98% $0.00 1.98M Nov 15, 2024 Direct
transaction CART Common Stock Tax liability -$3.89M -90.5K -4.56% $42.93 1.89M Nov 15, 2024 Direct F1
transaction CART Common Stock Tax liability -$2.91M -67.8K -3.58% $42.93 1.82M Nov 15, 2024 Direct F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction CART Performance Stock Units Options Exercise $0 -180K -20% $0.00 720K Nov 15, 2024 Common Stock 180K Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares withheld to satisfy tax withholding obligations upon the vesting of a portion of the performance stock unit award.
F2 Represents shares withheld to satisfy tax withholding obligations upon the vesting of restricted stock units.
F3 Performance stock units convert to common stock on a one-for-one basis.
F4 The shares underlying the performance stock unit award vest upon the achievement of certain stock price goals ranging from $43.32 per share to $86.64 per share (the "Stock Price Goals"). Achievement of the Stock Price Goals is measured using the volume-weighted average closing price of the Issuer's common stock on The Nasdaq Stock Market over the 30-trading day period preceding the applicable measurement date. Each performance stock unit represents a contingent right to receive one share of the Issuer's common stock.